E-commerce marketplace, Flipkart and Bajaj Allianz General Insurance have launched a cyber insurance cover for online financial frauds. The product, ‘Digital Suraksha Group Insurance’, will help customers who want to cover themselves against financial losses caused as a result of cyber attacks, cyber frauds, or other such malicious activities across various online platforms.
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Customers can opt for a one-year cover at premiums as low as Rs 183 for a cover of ₹50,000. It will compensate for direct financial loss (up to the sum insured) due to unauthorised digital financial transactions as a result of identity theft arising out of cyber-attacks, phishing/spoofing, and SIM-jacking.
Important takeaways for all competitive exams:
- Flipkart headquarters: Bengaluru, Karnataka.
- Flipkart CEO: Kalyan Krishnamurthy.
- Bajaj Allianz General Insurance CEO: Tapan Singhel.
- Bajaj Allianz General Insurance Headquarters: Pune, Maharashtra.